$KRKNF

Kraken Robotics reports FY results
Kraken Robotics press release (KRKNF): FY consolidated revenue of C$102.2 million compared to C$91.3 million in 2024. This annual revenue growth was driven by increased demand in Kraken’s SeaPower subsea batteries and SAS products, as well as strong results in the subsea services division, including the acquisition of 3D at Depth. This growth was partially offset by the decline in sonar-related product revenue due to the timing of KATFISH projects and the acquisition component of the Canadian Navy Remote Mine Disposal System (“RMDS”) integration project nearing its completion.
Product revenue totaled C$61.7 million in 2025 compared to C$66.3 million in the prior year.
EPS of C$0.01.
Kraken Robotics wins $28M subsea battery and sonar orders
Kraken Robotics (KRKNF) said it has received ~$28M in new orders for its SeaPower batteries and synthetic aperture sonar system.
“These orders include battery contracts from three large international defence companies and a SAS order from a new commercial uncrewed underwater vehicle (UUV) manufacturer,” said Greg Reid, President and CEO of Kraken Robotics.